Christian Berner Tech Trade AB (OSTO:CBTT B) Days Payable : 44.69 (As of Mar. 2024)

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What is Christian Berner Tech Trade AB Days Payable?

Christian Berner Tech Trade AB's average Accounts Payable for the three months ended in Mar. 2024 was kr74.6 Mil. Christian Berner Tech Trade AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr152.3 Mil. Hence, Christian Berner Tech Trade AB's Days Payable for the three months ended in Mar. 2024 was 44.69.

The historical rank and industry rank for Christian Berner Tech Trade AB's Days Payable or its related term are showing as below:

OSTO:CBTT B' s Days Payable Range Over the Past 10 Years
Min: 37.87 Med: 45.18 Max: 53.98
Current: 44.05

During the past 13 years, Christian Berner Tech Trade AB's highest Days Payable was 53.98. The lowest was 37.87. And the median was 45.18.

OSTO:CBTT B's Days Payable is ranked worse than
75.58% of 2932 companies
in the Industrial Products industry
Industry Median: 76.415 vs OSTO:CBTT B: 44.05

Christian Berner Tech Trade AB's Days Payable declined from Mar. 2023 (48.50) to Mar. 2024 (44.69). It may suggest that Christian Berner Tech Trade AB accelerated paying its suppliers.

Christian Berner Tech Trade AB Days Payable Historical Data

The historical data trend for Christian Berner Tech Trade AB's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Christian Berner Tech Trade AB Days Payable Chart

Christian Berner Tech Trade AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

37.87

44.21

43.27

45.01

45.34

Christian Berner Tech Trade AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															48.50	42.39	41.01	40.43	44.69

Competitive Comparison of Christian Berner Tech Trade AB's Days Payable

For the Specialty Industrial Machinery subindustry, Christian Berner Tech Trade AB's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Christian Berner Tech Trade AB's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Christian Berner Tech Trade AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Christian Berner Tech Trade AB's Days Payable falls into.

Christian Berner Tech Trade AB Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Christian Berner Tech Trade AB's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (77.351	+	63.266)	/	2 )	/	566.031	*	365
=	70.3085					/	566.031	*	365
=	45.34

Christian Berner Tech Trade AB's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (63.266	+	85.862)	/	2 )	/	152.251	*	365 / 4
=	74.564					/	152.251	*	365 / 4
=	44.69

Christian Berner Tech Trade AB Days Payable Related Terms

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Christian Berner Tech Trade AB (OSTO:CBTT B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Christian Berner Tech Trade AB (OSTO:CBTT B) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Designvagen 1, Box 88, Molnlycke, SWE, SE-435 22

Website

https://www.christianberner.com

Christian Berner Tech Trade AB is a technology trading company. It simplifies the decision-making process for customers by offering analysis of the customer's technical requirements, development, installation & service in the fields of processing, construction and engineering industries. The company's products include vibration and noise-damping materials, filter and process technology, UV aggregates and industrial equipment.

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